Latest Insights on PAY
Flipping Off The Housing Market; These Boots Weren’t Made For Walking
June 28, 2022 Great Stuff‘Cause This Is Shiller It’s close to 9 a.m., and something evil’s lurking in the dark. No, it’s not “Thriller” under the moonlight — it’s the latest Case-Shiller Index! *Distant shrieking and mass panic* I know, I know. The widely used gauge of housing market health isn’t so much “thrilling” as it is … chilling? […]
This Next-Gen Crypto Phone Could Kill the iPhoneThis week, the crypto industry gave us a glimpse of the next generation of smartphones.
The Fed’s $8,000/Year “Mortgage Tax”Inflation is caused by a mismatch between supply and demand. The Federal Reserve can’t increase the supply of goods and services. So, to control prices it must engineer “demand destruction.” That’s as nasty as it sounds. I’ve already explained how the Fed uses the “wealth effect” to make households with lots of stocks cut spending … and why that strategy won’t work with U.S. wealth concentrated in so few hands. I also explored how big changes in the U.S. and global economy since the 1970s will force the Fed to raise interest rates A LOT to bring inflation down. Today, we’re going to look at the impact of their demand destruction on U.S. households.
Upgrading the “Invest Like Buffett” PlanMike Carr doesn't have the patience to hold stocks for 50 years like Warren Buffett. And thanks to this strategy, he doesn't have to...
Frontier’s In Good Spirits; Juul Smokes The FDA; Life’s A Carnival Cruise
June 27, 2022 Great StuffSpirits Having Flown I never fell in love so easily. Where the four winds blow, Wall Street carries on. I’d like to take you where my Spirit flies. Through the empty skies, we invest alone… Hmmm. Don’t tell me — I got this. Bee Gees, right? Is it “Spirits Having Flown” … from the (criminally […]